Pi Network Eyes Stellar Protocol 23 Upgrade as Price Targets 81% Gain

Pi Network appears to be gaining renewed attention as the anticipated Stellar Protocol 23 upgrade moves closer to deployment in September 2025. This upgrade, which introduces significant infrastructure improvements including faster transaction speeds, smart contract support through Soroban, and cross-chain bridging, could serve as a catalyst for the Pi blockchain’s broader development. Currently operating on Stellar Protocol 19, Pi may bypass intermediate versions and directly migrate to the latest iteration, potentially enhancing its scalability and functionality [1].

According to analysts, the timing of the upgrade coincides with a favorable macroeconomic environment. With expectations of up to three U.S. Federal Reserve rate cuts by the end of 2025, increased liquidity could drive renewed interest in risk assets, including altcoins like Pi. This has led some to speculate that the altcoin could experience a resurgence in price [1].

Technical analysis suggests that Pi’s price is forming a symmetrical triangle pattern on the 4-hour chart, with a potential short-term target near $0.42. The RSI has crossed into neutral territory, and the MACD has widened its lead over the signal line, indicating a possible bullish reversal. A breakout from the triangle could see the price retesting former resistance levels at $0.52 and $0.65, representing an 81% gain from current levels [1].

However, long-term growth will depend on more than just technical developments. The Pi ecosystem has struggled with adoption, lacking a strong use case to justify sustained demand. The token remains subject to daily unlocks averaging $2 million, further complicating its path to stability [1].

Dr. Altcoin, a prominent voice in the Pi community, argues that the upgrade could provide the necessary framework for broader adoption and ecosystem growth. Yet, a 100x rally, while not impossible, would require a major external catalyst such as a listing on a major exchange or a significant partnership [1].

In contrast, the speculative nature of the current market has seen other low-cap meme coins outperform Pi in the short term. Tokens like TROLL and emerging projects such as Maxi Doge are capturing retail attention with high APYs and strong social media presence, indicating that Pi faces stiff competition in attracting new demand [1].

The Stellar Protocol 23 upgrade could provide the technical foundation for Pi Network’s future, but without substantial ecosystem development and a clear utility, long-term gains remain speculative. Investors should remain cautious and focus on broader market conditions, as well as Pi’s ability to attract developers and users post-upgrade [1].

Source: [1] Pi Coin Price Prediction: Stellar Protocol 23 Upgrade Coming Soon – Is Pi Network Finally About to Explode 100x? (https://cryptonews.com/news/pi-coin-price-prediction-stellar-protocol-23-upgrade-coming-soon/)